John Stossel: Price Gougers Save Lives

I could make macaroni out of John Stossel’s twisted logic in his “In praise of price gouging“:

It’s the price “gougers” who bring the water, ship the gasoline, fix the roof, and rebuild the cities. The price “gougers” save lives.

Thanks to JPol for sending the latest ravings from the 20/20 nutcase. (Poor Hugh Downs. It must slay him to have to listen to that crap.)

Update [2005-9-11 7:58:29 by susanhu]: While Stossel touts price gouging, citizens and the non-profit Habitat for Humanity are working to build and preserve housing affordable for NOLA’s poorer citizens. MSNBC aired footage of Harry Connick, Jr. in hip-waders helping rescue residents, including one very elderly, feeble man. Connick first gave the nearly naked man his t-shirt, and then carried the man to the boat and an ambulance.
   MSNBC reported that Connick has agreed to be honorary chair of the Habitat For Humanity project to rebuild housing for the poor of New Orleans. Habitat’s Web site is chock full of its specific activities to help the Gulf victims, including “Operation Home Delivery,” a three-phase response. More activities are on the home page.There are ways you can help Habitat for Humanity.